Marketable air-pollution permits: the case for a system of pollution offsets

Journal Article · Thu Sep 01 04:00:00 EDT 1983 · J. Environ. Econ. Manage.; (United States)

DOI:https://doi.org/10.1016/0095-0696(83)90031-1· OSTI ID:5129488

Krupnick, A J ^[1]; Oates, W E; Van De Verg, E

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1. Resources for the Future, Washington, DC

After examining the properties of several alternative forms of marketable permit systems for the control of air pollution, this paper proposes a system of pollution offsets as the most promising approach. Under the pollution-offset scheme, sources of emissions are free to trade emissions permits subject to the constraint of no violations of the predetermined air-quality standard at any receptor point. The paper shows that the pollution-offset system has the capacity to achieve the predetermined standards of air quality at the minimum aggregate abatement cost, while making comparatively modest demands both on the sources and on the administering agency. 13 references, 2 figures

• OSTI ID: 5129488
• Journal Information: J. Environ. Econ. Manage.; (United States), Journal Name: J. Environ. Econ. Manage.; (United States) Vol. 10:3; ISSN JEEMD
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290300 -- Energy Planning & Policy-- Environment
Health
& Safety
500600* -- Environment
Atmospheric-- Regulations-- (-1989)
54 ENVIRONMENTAL SCIENCES
ADMINISTRATIVE PROCEDURES
AIR POLLUTION
AIR QUALITY
ENVIRONMENTAL QUALITY
MARKETING
PERMITS
POLLUTION
STANDARDS